KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Short Interest Update

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 20,854 shares, an increase of 38.2% from the January 29th total of 15,090 shares. Based on an average daily trading volume, of 47,951 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 47,951 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of KraneShares Global Carbon Strategy ETF

Institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC bought a new position in shares of KraneShares Global Carbon Strategy ETF in the fourth quarter worth approximately $34,000. Farther Finance Advisors LLC purchased a new stake in KraneShares Global Carbon Strategy ETF during the 3rd quarter valued at $49,000. Csenge Advisory Group purchased a new stake in KraneShares Global Carbon Strategy ETF during the 4th quarter valued at $288,000. Sharp Financial Services LLC grew its holdings in KraneShares Global Carbon Strategy ETF by 12.8% in the 3rd quarter. Sharp Financial Services LLC now owns 11,077 shares of the company’s stock worth $359,000 after acquiring an additional 1,254 shares during the last quarter. Finally, PFG Investments LLC increased its position in shares of KraneShares Global Carbon Strategy ETF by 6.6% in the third quarter. PFG Investments LLC now owns 11,488 shares of the company’s stock valued at $372,000 after acquiring an additional 710 shares during the period.

KraneShares Global Carbon Strategy ETF Stock Down 2.6%

Shares of KRBN traded down $0.79 during trading hours on Wednesday, hitting $29.19. The company had a trading volume of 2,449 shares, compared to its average volume of 40,138. The stock’s 50 day moving average price is $33.33 and its 200 day moving average price is $33.32. KraneShares Global Carbon Strategy ETF has a 52-week low of $24.90 and a 52-week high of $36.50.

KraneShares Global Carbon Strategy ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were given a dividend of $0.6732 per share. This represents a yield of 191.0%. The ex-dividend date was Monday, December 22nd.

About KraneShares Global Carbon Strategy ETF

The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.